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Oct 06,2009
Aid Watch Q&A
Oct 06,2009
Paul Romer Speaks to CDE
on Democracy, Business, Markets, and Development
Senior Fellow Paul Romer spoke with the Centre for Development and Enterprise’s Executive Director Ann Bernstein. Although the wide-ranging interview focuses on South Africa, many insights are applicable more broadly. Romer notes:
I actually came to South Africa because I was hopeful that it might be the place where one could try this idea of creating an entirely new jurisdiction, perhaps a whole city, which could operate under different rules and which might therefore show people in the existing systems that a different way was possible. If one could see how such a regime operated, then it might be possible to get the benefits of creating employment opportunities without threatening existing arrangements.